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Canada National Election - With Inflation at a High, Harper Says No Troubles
by Rob Walker | September 23, 2008 at 11:54 am | 154 views | 4 comments | 2 recommendations
The financial disasters that have plagued the US lately are 'not a domestic problem' for Canada, said prime minister Stephen Harper in Saskatchewan on Tuesday. This comes despite a record high inflation rate rise of 3.5 this August.
The pocketbook issues that have been tormenting Canadian consumers in recent months were expected to confront federal leaders on the campaign trail Tuesday as inflation hit its highest level in more than five years.Statistics Canada reported the rate of increase in the cost of living rose in August to 3.5 per cent on an annual basis from 3.4 per cent in July, fuelled in large part by higher fuel prices.
NDP leader Jack Layton says his party would immediately cancel the Conservatives' $45-million cut to arts funding.
Harper downplayed the arts cuts angle, saying it was a 'niche issue for some'. Layton says Canada's creative industries are 'at the core of our economy'.
Speaking at a campaign event in Quebec City, Layton said his party would introduce income averaging for artists, as is already common practice in Quebec, while also providing an annual tax exemption of $20,000 for income earned by copyright and residuals."One of the key things we must do, before we start giving $50-billion tax giveaways to banks and oil companies, is to protect and promote the arts," Layton said.
In response to yesterday's news about Jack Layton wanting to form a coalition with the Liberals, Stephan Dion was in BC and refuted any such arrangement.
Liberal Leader Stéphane Dion flatly rejected forming a coalition government with the New Democrats today on the heels of hints from NDP Leader Jack Layton that he'd be open to the idea.Mr. Dion, speaking after an address to a Vancouver-area business crowd today, said he could not work with Mr. Layton in this way because the NDP leader wants to hike taxes on business.
September 23, 2008 at 11:54 am by Rob Walker, 154 views, 4 comments
Crowd Power
ADMS.ca
Kitchener-Waterloo, Canada
Allison Cordner
Montreal, Quebec, Canada
Most RecentMost Recommended Comments (4)
at 14:40 on September 23rd, 2008
Rob Walker, I like this story. It's good stuff.
at 14:46 on September 23rd, 2008
Don't worry. Be happy.
The fundamentals of the economy are strong... we're a nation of whiners. The elitist Liberal whiners are risky, their plan doesn't add up. They'll raise your taxes and spend your money, never mind how much we've spent or our lack of any real plan.
Laissez-faire capitalism and deregulation works so well in North America, let's chart a course into that iceberg. Those so-called experts are Liberal elitists and they want the economy to tank. Even keel, Captain Harper, ramming speed!
at 15:23 on September 23rd, 2008
ADMS.ca
Like it or not, and the record is eminently clear on this fact, both here in Canada and in the USA, when Conservatives and Republicans have control they spend, spend and borrow, piling up national debt. Then the Democrats and the Liberals have to clean up the economic messes they left and bring the budget back under control.
The only reason Harper hasn't followed the example of his hero George W. Bush and thrown Canada into a pit of debt, is because he was in a minority position in the House of Commons. Fiscal conservatism hasn't existed in either the Republican or Conservative parties in 30 years. It's a myth and nothing more.
Give Harper a majority and you'll be crying the deficit blues in 4 years and denying you cast your vote for him, which is exactly what happened after two interminable terms with Brian Mulroney steering us toward bankruptcy.
After 2 majority terms I couldn't find one person who would own up to voting for Croney Mulroney. Funny how that works! LOL!
at 06:33 on September 24th, 2008
Well said, Moonwolf.
Ever notice how when a Conservative / Republican comments, all you get is name-calling and rhetoric - while Liberal / Dem comments contain fact and substance?